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How to get free Bitcoin in the UK – all the current offers!

13–15 minutes to read

Do you want to get your hands on some FREE Bitcoin? Well look no further, we’ve compiled all the current free Bitcoin and crypto offers from providers big and small. Take advantage of these offers to bag yourself some free Bitcoin.

The offers below could help kick start your Bitcoin investing journey!

Free Bitcoin in the UK

Free Bitcoin and crypto offers are often used by platform providers to lure in new customers. However, the vast choice of crypto platforms makes it difficult for customers to choose. As a result, many companies offer free Bitcoin as a juicy incentive to ensure you choose them.

So, if you’re thinking about buying cryptocurrencies, then some free coins can be a great way to kick off your journey. Plus, with many of the platforms also offering free trading, these can be great learning platforms. Also, we’ve included what our experience was when using these platforms ourselves.

Remember though, cryptocurrencies, including bitcoin, are highly volatile. As such, they are considered a high-risk investment. Only invest what you can afford, be prepared to lose everything and do your research.

For those just starting out and ready to invest, we’ve written a handy guide that covers How to buy Bitcoin safely in the UK which also highlights the largest platforms out there. It’s worth a read before you spend any of your hard-earned cash.

Plus, if you’re a fan of free things then check out How to Get Free Stocks in the UK- worth up to £705!

Remember, if you want to learn more about investing in general, then check out our Beginners Guide to Investing – How to bankroll your financial freedom.

How to get free Bitcoin in the UK

Essentially, each Bitcoin platform listed below offers a sign-up bonus. Therefore, and this is important, this is a list that solely looks at which platforms offer free Bitcoin or bonuses and not a recommendation of any particular platform. It’s important you do your own research and pick what’s right for you.

In addition, we’ve summarised the conditions of each offer, but these can change at any time, so make sure you do your own due diligence.

In principle, you could sign up to as many of the platforms below as you wanted and then choose your favourite once you’ve road-tested them.

Remember, some platforms require you to transfer coins. So, if you started with Coinbase, for example, then you’ll have a platform that allows you to buy with a UK bank transfer and supports transfers.

Typically, there are also some conditions attached, such as leaving your money on a platform for a set amount of time. Furthermore, some platforms won’t let you move your cryptocurrency onto your own hardware wallet.

Great! Now we’ve covered-off the housekeeping, let’s take a look at the free Bitcoin offers out there.

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SwissBorg - free Bitcoin worth up to €300 (about £250)

SwissBorg was launched in 2017 as a crypto exchange with a plan to democratise the financial systems. In 2021 it achieved unicorn status by hitting a valuation of $1billion making. SwissBorg offers new customers who sign up reward tickets.

Reward tickets are usually worth between €1-€100 but for the summer of 2021 Swissborg has increased their referral Bonus to €3-€300!

My free Bitcoin experience: The signup process only took around 10 minutes. I was verified within an hour and once I had deposited my money my reward card was available a few minutes later. I also didn’t have to buy any crypto to get my reward which was nice.

SwissBorg free crypto

How to get your free Bitcoin from SwissBorg:

How to get your free Bitcoin:

1. Follow this link.

2. Setup your account and complete the verification required.

3. Deposit at least €150 (£130, please check currency rates at the time) within 30 days. I used the bank transfer option.

4. You don’t need to buy any crypto to complete the offer.

Conditions:

  • Rewards are in CHSB which is SwissBorg‘s currency. It can be sold immediately.
  • You only get free crypto if you buy at least £130 (€150) worth of crypto within 30 days of opening your account.
  • Your reward will be paid into your SwissBorg account.

Coinbase - free Bitcoin worth $10 (or £7.20)

Coinbase is the largest crypto exchange in the world and offers an easy to use platform for investing in cryptocurrencies.

Essentially, we’ve ranked it at the top of the list simply due to its size and reputation. Plus, it’s also the platform we’ve personally been using the longest.

My free Bitcoin experience: The signup process only took around 10 minutes. However, my account took several weeks to actually get verified. That said, I did sign up at a time when cryptocurrencies were heavily featured in the news which meant Coinbase was behind on its processes. Once up and running though, I got $10 worth of free Bitcoin within a few days.

Coinbase mobile phone app showing $110

How to get your free Bitcoin from Coinbase:

How to get your free Bitcoin:

1. Follow this link.

2. Setup your account.

3. Buy £73 ($100) or more of a cryptocurrency within 180 days.

4. Orders take 4 business days to complete.

Conditions:

  • Only get free Bitcoin if you buy at least £73 ($100) worth of crypto within 180 days of opening your account.
  • Your reward will be paid into your Coinbase account.

Mode Free Bitcoin offer - Bitcoin worth £10

Mode is a UK-based, publicly listed Bitcoin trading platform. In fact, Mode‘s ambitious plans are to disrupt the entire financial system and build what they believe to be “the financial products of tomorrow, today”.

To help them realise this world domination, Mode will give you £10 free Bitcoin when depositing at least £100. Sign up to Mode here.

My free Bitcoin experience: Amazingly, the whole signup process took around only 10 minutes and my account was verified immediately. On top of that, I got £10 worth of free Bitcoin within 24hrs. Beware though, there are trading fees. It cost around £1 to buy and the same again to sell.

Mode mobile app on white phone

How to get your £10 Free Bitcoin from Mode:

1. Sign up to mode using this link.

2. Enter your phone number in and Mode will text you a link.

3. Once you have the app, you’ll need to confirm your ID.

4. Deposit at least £100 (there is a trading fee, so I did £101 just to make sure).

5. Buy £100 worth of Bitcoin (or £101 in my case).

6. Your £10 Bitcoin bonus will show immediately, but you won’t be able to withdraw it for 24 hours.

7. After 24 hours the Bitcoin will be yours.

Conditions:

  • Must use the sign-up link to register your email or mobile number first.
  • Add funds and buy at least £100 of Bitcoin within 30 days of opening.
  • The reward will appear in your account shortly after buying Bitcoin but will take 24 hours to be available.
  • Fake or duplicate accounts are being watched for so you must only have one account.
  • Full terms here.

BlockFi free Bitcoin offer - worth $10 in free Bitcoin

BlockFi was founded in 2017, with a vision to offer more than just cryptocurrency trading. In fact, they are one of the few companies offering the ability to earn actually interest on your crypto deposits.

As a new customer offer, you can earn $10 in free Bitcoin when you sign up and deposit $100.

My free Bitcoin experience: Whilst the signup process took a swift five minutes, it took 24 hours for my profile to be reviewed and allowed to get started. Importantly, you can’t actually deposit money directly with BlockFi. Instead, I transferred $110 in Bitcoin from Coinbase and within 24 hours I had received $10 worth of free Bitcoin. Again, there are trading fees on this one. For me, I transferred $110 to be safe and it cost around £1 to transfer from Coinbase.

BlockFi mobile app on black phone showing $100

How to get your BlockFi free Bitcoin:

How to get your free Bitcoin:

1. Sign up for an account using this link.

2. Verify your account (you’ll need a driving licence or passport).

3. Transfer $100 or more of Bitcoin into your account (this can be done from Coinbase by clicking the ‘send/receive’ button and pasting in your BlockFi wallet address.

4. To receive your free Bitcoin, you need to hold your Bitcoin in your account until the second Friday of the month.

Conditions:

  • Must use the sign-up link to set up your account.
  • Add Bitcoin to your account within 30 days of opening.
  • Keep your Bitcoin in the account until the second Friday of the month.

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Celsius free Bitcoin offer - $40 worth of Bitcoin

Celsius is one of the few crypto apps that lets you earn interest from your cryptocurrency. Plus, it has nearly 700,000 customers which hold a combined balance of over $17 billion!

Whilst Celsius currently offers the largest free Bitcoin reward on our list, you do need to deposit $400 worth of crypto and hold it in your account for at least 30 days.

My free Bitcoin experience: My Celsius app was up and running within a blistering two minutes. And verifying my identity took just under 24 hours. To get my free Bitcoin, I transferred £300 in Bitcoin which at the time was just slightly above the $400 dollar threshold. Almost immediately I could see my bonus free Bitcoin, but it took 30 days to unlock and become available.

Celsius logo and app screenshot on white phone

How to get your Celsius free Bitcoin:

How to get your free Bitcoin from Celsius:

1. Sign up for Celsius with this link (needs to be from a mobile phone).

2. Set up your account and verify your identity (a drivers licence or passport is required).

3. Fund your account – you’ll need around £300 but check the current exchange rates to make sure it’s over $400. You can transfer Bitcoin from another platform or do a bank transfer (just watch out for fees).

4. Buy or transfer at least $400 of a supported coin.

5. You can see your bonus if you click ‘Total Balance’ (top left) and then scroll down to see your transactions.

Conditions:

  • Only get a free Bitcoin if you use the sign-up link.
  • Must verify your identity first.
  • Must buy or transfer within 30 days.
  • If you sell or transfer your coins before 30 days your bonus will be removed.

Gemini free Bitcoin offer - $10 worth of Bitcoin

Gemini is a very popular US-based cryptocurrency platform. And to help them expand in the UK they are currently offering free Bitcoin. As a bonus, Gemini doesn’t charge Bitcoin trading fees.

My free Bitcoin experience: Like the others, above my Gemini account was set up in a few minutes. However, Gemini took a long time to verify my identity. In the end, it took around a week. Once I funded my account though, I received my free Bitcoin in 48 hours.

Gemini logo and mobile app on black phone

How to get your Gemini free Bitcoin:

How to get your free Bitcoin:

1. Sign up for Gemini with this link.

2. Set up your account and verify your identity (a drivers licence or passport is required).

3. Fund your account – you’ll need around £80. It’s cheaper to do a bank transfer than a credit/debit card.

4. Buy at least $100 of Bitcoin.

Conditions:

  • Only get a free Bitcoin if you use the sign-up link.
  • Must verify your identity first.
  • Buy at least $100 of Bitcoin.
  • Must buy Bitcoin within 30 days.
  • No duplicate accounts.

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Get free Bitcoin in the UK - what we think

It’s always nice to get something for nothing. But of course, like all things in life, there are always conditions. Naturally, the incentives on offer are aimed at keeping you investing via that platform. Though remember, investing in Cryptocurrencies is highly volatile and risky. Only invest what you can afford to lose and do your research.

If you are serious about investing in general, we have a whole range of articles that can help you educate yourself. This helps ensure you don’t make the common investing mistakes that can cost dearly. Plus, the knowledge gained will help you grow your wealth and build long term financial fitness.

Check out our Savings and Investing articles here.

Here’s to Financial Fitness!

EatSleepMoney.co.uk does not offer financial advice and is intended for reference/information only. Remember, you should always carry out your own research and/or take specific professional advice before choosing any financial products or services or undertaking any business or financial venture. If you need financial advice Unbiased can connect you with a suitable professional for free. Investments may go up as well as down and you may get back less than you put in.